ACWDX vs. MEQFX
ACWDX (AMG GW&K Small/Mid Cap Growth Fund) and MEQFX (AMG River Road Large Cap Value Select Fund) are both mutual funds - ACWDX is a Small Cap Growth Equities fund managed by AMG, while MEQFX is a Large Cap Blend Equities fund managed by AMG. Over the past 10 years, ACWDX returned 10.26%/yr vs 10.81%/yr for MEQFX. Their 0.77 correlation means they have sometimes moved together and sometimes differently. ACWDX charges 1.00%/yr vs 0.64%/yr for MEQFX.
Performance
ACWDX vs. MEQFX - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, ACWDX achieves a 14.00% return, which is significantly higher than MEQFX's 0.15% return. Over the past 10 years, ACWDX has underperformed MEQFX with an annualized return of 10.26%, while MEQFX has yielded a comparatively higher 10.81% annualized return.
ACWDX
- 1D
- 1.76%
- 1M
- -2.81%
- 6M
- 9.69%
- YTD
- 14.00%
- 1Y
- 14.40%
- 3Y*
- 9.65%
- 5Y*
- 4.13%
- 10Y*
- 10.26%
- ALL TIME*
- 10.06%
MEQFX
- 1D
- -0.46%
- 1M
- 0.51%
- 6M
- 0.15%
- YTD
- 0.15%
- 1Y
- -5.30%
- 3Y*
- 9.22%
- 5Y*
- 9.59%
- 10Y*
- 10.81%
- ALL TIME*
- 6.12%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $0.00 | $0.00 | $0.00 | |
| $0.00 | $0.00 | $0.00 |
ACWDX vs. MEQFX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
ACWDX AMG GW&K Small/Mid Cap Growth Fund | 14.00% | 0.29% | 9.27% | 21.13% | -22.32% | 12.52% | 45.63% | 20.24% | -5.14% | 18.69% |
MEQFX AMG River Road Large Cap Value Select Fund | 0.15% | -2.58% | 24.99% | 19.53% | -9.50% | 43.58% | -4.00% | 16.01% | 8.16% | 15.35% |
Correlation
The correlation between ACWDX and MEQFX is 0.55, which is moderate. They have sometimes moved together and sometimes differently, sharing some price drivers without tracking each other closely.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.55 |
Correlation (3Y) Balances recent behavior with more history. | 0.69 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.77 |
Correlation (10Y) Provides a long-term view across more market conditions. | 0.72 |
Correlation (All Time) Calculated using the full available price history since Nov 3, 2010 | 0.77 |
Over the past year, the correlation between ACWDX and MEQFX has dropped to 0.55 - well below their long-term average of 0.77, suggesting their price drivers have been diverging.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
ACWDX vs. MEQFX — Risk / Return Rank
ACWDX
MEQFX
ACWDX vs. MEQFX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for AMG GW&K Small/Mid Cap Growth Fund (ACWDX) and AMG River Road Large Cap Value Select Fund (MEQFX). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| ACWDX | MEQFX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.01 | ||
| Sortino ratioReturn per unit of downside risk | +1.31 | ||
| Omega ratioGain probability vs. loss probability | 1.13 | 0.93 | +0.19 |
| Calmar ratioReturn relative to maximum drawdown | 0.86 | -0.42 | +1.28 |
| Martin ratioReturn relative to average drawdown | 2.29 | -0.70 | +2.98 |
Loading charts...
Drawdowns
ACWDX vs. MEQFX - Drawdown Comparison
The maximum ACWDX drawdown since its inception was -38.86%, smaller than the maximum MEQFX drawdown of -55.38%. Use the drawdown chart below to compare losses from any high point for ACWDX and MEQFX.
Loading charts...
Drawdown Indicators
| ACWDX | MEQFX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -38.86% | -55.38% | +16.52% |
Max Drawdown (1Y)Largest decline over 1 year | -14.99% | -17.43% | +2.44% |
Max Drawdown (3Y)Largest decline over 3 years | -26.64% | -17.43% | -9.21% |
Max Drawdown (5Y)Largest decline over 5 years | -32.74% | -19.48% | -13.26% |
Max Drawdown (10Y)Largest decline over 10 years | -38.86% | -28.69% | -10.17% |
Current DrawdownCurrent decline from peak | -5.01% | -11.64% | +6.63% |
Average DrawdownAverage peak-to-trough decline | -9.97% | -12.19% | +2.22% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 5.63% | 10.37% | -4.74% |
Volatility
ACWDX vs. MEQFX - Volatility Comparison
AMG GW&K Small/Mid Cap Growth Fund (ACWDX) has a higher volatility of 4.48% compared to AMG River Road Large Cap Value Select Fund (MEQFX) at 4.03%. This indicates that ACWDX's price experiences larger fluctuations and is considered to be riskier than MEQFX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| ACWDX | MEQFX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.48% | 4.03% | +0.45% |
Volatility (6M)Calculated over the trailing 6-month period | 14.95% | 9.51% | +5.44% |
Volatility (1Y)Calculated over the trailing 1-year period | 22.31% | 17.07% | +5.24% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 22.13% | 17.55% | +4.58% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 23.36% | 19.60% | +3.76% |
ACWDX vs. MEQFX - Expense Ratio Comparison
ACWDX has a 1.00% expense ratio, which is higher than MEQFX's 0.64% expense ratio.
Dividends
ACWDX vs. MEQFX - Dividend Comparison
Neither ACWDX nor MEQFX has paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
ACWDX AMG GW&K Small/Mid Cap Growth Fund | 0.00% | 0.00% | 0.74% | 0.00% | 2.04% | 58.27% | 4.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.02% |
MEQFX AMG River Road Large Cap Value Select Fund | 0.00% | 0.00% | 4.48% | 0.98% | 2.13% | 27.90% | 0.00% | 9.17% | 3.40% | 30.28% | 5.96% | 11.63% |
Frequently Asked Questions
ACWDX and MEQFX have a correlation of 0.55, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
ACWDX has higher volatility (4.48%) compared to MEQFX (4.03%). In terms of maximum drawdown, ACWDX dropped -38.86% vs MEQFX's -55.38%.
ACWDX currently has the higher Sharpe Ratio (0.58 vs -0.43), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
Find the right allocation for ACWDX and MEQFX
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer